Tuesday, September 3, 2013

Marc Faber : We have unprecedented Government Interventions with Fiscal and Monetary Policies

Dr. Faber, what do you think is the most important question in our days in the world of finance that is rarely raised?

Marc Faber : Well I think we have unprecedented government interventions with fiscal and monetary policies. For me it’s not really a question, it won’t work but miracles do happen, and maybe based on the bailouts and huge monetary inflation that the central bankers have created, maybe it is possible that the financial system heals and that the global economy resumes a, say, trend line growth such that we had in the 90’s and the early parts in 2000 and 2005. But I very much doubt that.  - in an interview with By Lars Schall of the online platform " Gold Switzerland 1st September, 2013

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.


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